8,500 Sq Ft Commercial Building
Real Estate Auction
10:00 AM Thursday September 11, 2008 in
Cambridge MN, 55008 USA  Google Maps |
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| SALE BILL |
| 8,500 Sq Ft Commercial Building | | Date & Time: | Thursday, September 11th @ 10:00 am | | Location: | 1950 2nd Ave SE, Cambridge, MN. 55008 | | Highlights: | Photo gallery Public Inspection: September 4th @ 10:00-11:00am Location, Visibility, Accessibility!! Everyone knows that location is an important factor for success. This property is highly visible with proven customer traffic and convenient accessibility and is also zoned B-2, Highway Business District. This classification permits retailing of a wide range of goods and services for the regional market area. Click here to see the Overview Map(1MByte pdf file) Click here to see the Auction Flyer (1MByte pdf file) Exciting Availability!!! In the heart of regional commercial district
Sears Store Closing-Owner Retiring!
MN State Hwy 95 Frontage-Competitive Location *Daily Traffic AADT (Annual Average Daily Traffic) 46,300!!! *Maintenance Free Building *Ample Parking *8,500 Square Foot Building *1 +/- Acre *High Visibility *Usage: Unrestricted - Grandfathered in - no new city covenants apply *Owner Retiring - Focusing on other obligations. This has been a very profitable location *Appraised Value $1,600,000 *Building Security System *2 Driveways *2-200 Amp Service *Close Proximity to Twin Cities & Wisconsin Located 45 miles straight north of downtown Minneapolis on Central Ave (Hwy 65)Cambridge is the closest community to Minneapolis with a tax-free JOBZ development zone. *Cambridge is a business-friendly city that's far enough from the metro area to be in the country but close enough to have all of the services we need nearby. The labor pool is large and everything from computers to maintenance supplies is within a few blocks of our location. *Fast Growing Community Isanti County is one of the fastest growing counties in the state with population expected to jump by 17% between 2006 to 2010 to more than 45,000 residents. As the county seat Cambridge is at the center of this growth. Its continued expansion underscores its appeal as a community of opportunity for employers seeking workers and retailers seeking a growing customer base. *As national big box retailers content with increasingly challenging market conditions, it is a strong endorsement that Kohl's and Lowe's continue to invest in Cambridge.     
| | | | | Terms: | Public Auction Successful bidder will submit a $10,000 cashiers check for non-refundable down payment on auction day.
Broker Participation: Available at 2%, with at least 48 hour notice.
Closing: Approximately 30-45 days after auction. Will accept cash on day of closing.
Buyers Premium: A 8% premium will be added to the high bid. That will equal the total price.
Example: A bid of $100,000 + 8% or $8,000 = $108,000 total price. Buyers Premium to be paid at closing.
Sale subject to bank confirmation
All information stated heron is provided by the owner and IRAY Auction makes no warranty as to its accuracy.
Any announcements day of sale take precedence over any advertised information.
Owners, Auctioneers, Clerks or their helpers are not responsible for accidents.
| | Directions: | Go East on Hwy 95- located on the right directly across from Target and next to Walmart-- What a location! Legals: Lot One , Block One, Dahlberg Addition, Isanti County, Minnesota | | Contact: | I.R.A.Y. AUCTION
11935 HWY 95 NE
FOLEY, MN 56329
Phone:877-968-7230 or 320-968-7230
Fax: 320-968-8075
iray@iraymn.com IRAY Auction Web Site
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